Eastbound-Austin

Partnership Recapitalizes 233,550 SF Office Complex in East Austin

by Taylor Williams

AUSTIN, TEXAS — A partnership between developers Lincoln Property Co. and The KOR Group has recapitalized Eastbound, a two-building, 233,550-square-foot office complex in East Austin. Fenway Capital Advisors, which previously owned a minority interest in the property, is now the primary equity partner of the co-developers. Ownership is building out spec suites that can support users with requirements from 5,000 to 41,000 square feet. Construction of Eastbound began in 2020 and was completed in mid-2022. Tenants include landscape architecture firm TBG and Furniture Marketing Group.

You may also like